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Adani Ports & Special Economic Zone Ltd ( (IN:ADANIPORTS) ) has provided an announcement.
Adani Ports and Special Economic Zone Ltd (APSEZ) has commenced the development of the Adani Logistics Park in Kalamassery, Kochi, as part of the Invest in Kerala initiative. This 70-acre project, with an investment of over ₹600 crore, aims to transform Kerala into a logistics and industrial hub, enhancing export capabilities and supporting sectors like e-commerce, pharmaceuticals, and automotive. The park will feature sustainable and smart logistics solutions, creating over 1,500 jobs and fostering local economic growth. This development marks a significant milestone in APSEZ’s expansion into a fully integrated transport and logistics business, strengthening its presence in southern India and supporting local manufacturing and regional growth.
More about Adani Ports & Special Economic Zone Ltd
Adani Ports and Special Economic Zone Ltd (APSEZ) is a prominent player in the logistics and infrastructure industry, focusing on developing integrated transport and logistics solutions. The company is known for its strategic investments in ports, logistics parks, and special economic zones, aiming to enhance connectivity and support regional economic growth.
Average Trading Volume: 252,558
Technical Sentiment Signal: Buy
Current Market Cap: 2941B INR
See more insights into ADANIPORTS stock on TipRanks’ Stock Analysis page.